that is a good point. Having a domestic gas obligation of xx% would ensure adequate supplies when needed and give some certainty to investment in the gas market. The percentage could vary over time, and ensure supply.
it always ends in tears when politics tries to pick winners. Think pink bats and NBN as examples.
I like the Queensland policy where individual blocks are allocated as domestic blocks. It gives certainty at the time of award of the block. Changing policy on the run creates uncertainty and detracts from investment. You have seen that this week with the reduced value in STX and WGO.
AL
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